Guaranty Trust Bank (GTBank) was fined N128.6 million by the Central Bank of Nigeria (CBN) for failing to meet several regulatory requirements. Ripples Nigeria gathered that...
Ten Nigerian banks reported an increase in customers deposits to N28.7 trillion in the first nine months of 2021. The amount was a 12.6 percent increase...
Guaranty Trust Bank Plc has reported a marginal drop of 3.2% in profit after tax for the nine-month period to September 2020, compared to the corresponding...
The Office of the Accountant General of the Federation (OAGF) on Tuesday released a framework on how the COVID-19 funds should be administered. The COVID-19 funds...
Guaranty Trust Bank PLC (GTB) has declared it recorded a 6.6% expansion in its after-tax profit for Full Year 2019. This it was able to achieve in...
The Committee to Protect Journalists (CPJ) on Wednesday urged the Nigerian authorities to halt all efforts aimed at intimidating journalists working with the Sahara Reporters. The...
Nigeria tier-1 banks, Access Bank, FBN Holdings, Guaranty Trust Bank, United Bank for Africa, and Zenith Bank, also referred to as the FUGAZ, made a total...
Nigerian banks have been advised to collaborate and share vital information on cybercrime. This, according to experts, would enable the financial institutions win the battle against...
Guaranty Trust Bank (GTB) has resisted attempts to take over its branch by Innoson Group of companies. Innoson and GTB have had a long running case...
Nigerian car manufacturing company, Innoson Nigeria Limited, has secured a court order that allows it to take control of some branches of Guaranty Trust Bank (GTB)....
The suit filed by the Economic and Financial Crimes Commission (EFCC) against Innoson Motors and its Chief Executive Officer (CEO), Innocent Chukwuma, has been sacked by...
The stock market on Tuesday extended its Monday’s bearish performance as the key performance indicator of the Nigerian Stock Exchange (NSE), the All Share Index (ASI)...
The Nigerian Stock Exchange (NSE) on Thursday extended its bearish performance for the second trading session on sustained profit taking activities, even as 28 stocks advanced...
Despite the improving macroeconomic environment, the banking industry seems likely to continue to grapple with Non-Performing Loans (NPLs), in the short-term at least, as financial results...
Nigerian equities were among the contrarian as global equities rallied on the back of strong optimism on global economic outlook. Despite first quarter 2018 earnings reports by early filers...
Guaranty Trust Bank (GTB) Plc, grew its profit before tax by 21 per cent to N200.2 billion in 2017. The board of the bank has recommended...
After rallying N182 billion last week, Nigerian equities reopened on Monday on the upswing as increased market orders spurred the market to a net capital gain...
Nigerian equities were overtly in a bullish mood on Monday as the stock market reopened to increase in bargain-hunting from investors taking positions ahead of the...
Guaranty Trust Bank (GTBank) on Monday launched a bid for early redemption of its $400 million 6.0 per cent notes, more than a year ahead of...
Nigerian equities reopened on Monday with a continuing overhang of sell pressure as investors sought to take profits from earlier capital appreciation and readjust their portfolios....
Two leading Nigerian equities-Nestle Nigeria and Dangote Cement on Thursday rallied the equities market to its second consecutive positive closing in spite of continuing selling pressure...
Nigeria’s most capitalised bank and third most capitalised company, Guaranty Trust Bank (GTB) Plc grew pre-tax profit by 64 per cent to N50.4 billion in the...
Sustained selloff in the shares of many leading banks and cement-manufacturing companies exerted further pressure on the tenuous market situation at the Nigerian Stock Exchange (NSE)....
Local car maker, Innoson Nigeria Limited, has been dragged before a Federal High Court, Lagos over alleged shipping fraud worth N2.4billion. Aside Innoson, five others were...
Emerging third quarter earnings failed to stimulate investors’ appetite as Nigerian equities suffered a net capital loss of N91 billion last week, a week that saw most...
The board of directors of Guaranty Trust bank (GTB) Plc has recommended distribution of about N7.36 billion to shareholders as interim dividend for the first half...
